Why does Sofi choose to keep loans on their balance sheet instead of selling them?
Top Calls: Mizuho's Pushback on Wedbush's Sofi Downgrade

Interactive Video
•
Business
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To avoid regulatory penalties
To achieve a higher yield
Due to lack of buyers
To comply with accounting standards
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a misconception about Sofi's accounting practices?
They use fair value accounting
They can switch accounting methods anytime
They have no accounting provisions
They are forced to use CECL provision
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the CECL provision related to?
Loan interest rates
Accounting methods
Regulatory compliance
Equity raising
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for Sofi as a small bank?
Increased scrutiny
High loan default rates
Limited technological resources
Lack of customer trust
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What speculation exists about Sofi's future?
It will become a tech company
It will merge with a larger bank
It will cease operations
It will be acquired by another company
Similar Resources on Wayground
6 questions
M&A Roars Back in $40 Billion Surge

Interactive video
•
University
6 questions
Invest in Regional Banks Amid Dovish Fed, RBC's Cassidy Says

Interactive video
•
University
3 questions
Is There Value in LendingClub's Assets?

Interactive video
•
University
3 questions
HomeAway President: How We're Competing With Airbnb

Interactive video
•
University
3 questions
Honda, Nissan Said to Explore Potential Merger

Interactive video
•
University
3 questions
Top Calls: Mizuho's Pushback on Wedbush's Sofi Downgrade

Interactive video
•
University
2 questions
FASB on the Future of Financial Regulation

Interactive video
•
University
3 questions
Minerd Expects Another Shoe to Drop in Wake of FTX

Interactive video
•
University
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade